Kyle T. Larkin, President and Chief Executive Officer of Granite Construction Inc. (NYSE: GVA), recorded a sale of 7,314 common shares on March 19, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The reported sale price was $119.84 per share, producing aggregate proceeds of $876,509.
Following the disposition, Larkin retains direct ownership of 181,594 shares of Granite Construction. The Form 4 discloses that the transactions were carried out automatically under a pre-established Rule 10b5-1 trading arrangement that the CEO adopted on December 3, 2025.
The sale took place while Granite Construction's stock was trading at $120.14. The share price has risen by more than 60% over the past 12 months. At the same time, InvestingPro analysis cited in the filing indicates the shares are slightly overvalued relative to the service's Fair Value estimate.
Investors monitoring Granite Construction’s operating performance will note the company posted robust fourth-quarter 2025 results. Reported earnings per share were $1.40, versus analyst expectations of $1.13 - a 23.89% upside to consensus. Revenue for the quarter reached $1.2 billion, surpassing projections of $1.14 billion by 5.26%.
Those quarterly outcomes are presented in the filing as context for the company's recent trajectory. The EPS and revenue beats underscore the results that market participants may factor into valuation judgments, but the filing does not include additional forward-looking commentary or management guidance linked to the insider sale.
For readers seeking a deeper assessment of Granite Construction’s valuation or growth potential, the filing points to a comprehensive Pro Research Report available on InvestingPro, which covers this company and more than 1,400 other U.S. equities.
This transaction and the accompanying financial figures form part of the recent disclosures concerning Granite Construction. The Form 4 documents the mechanical execution of a prearranged plan and the company’s public quarterly results; it does not attribute any new strategic developments or management changes to the insider sale.